Partnership Ques 31
Question
A, B and C invested different amounts in a business for 4 months, 6 months and 12 months respectively. B’s investment was 2 times A’s investment and C’s investment was 2.5 times A’s investment. If at the end of the year, they together received an amount of Rs. 5819 as profit, what was B’s share in the profit?
(1) Rs. 1,404
(2) Rs. 1,428
(3) Rs. 1,518
(4) Rs. 1,536
(5) Rs. 1,644
(IBPS Specialist Officer CWE (Prelim Exam) 31.01.2019)
Show Answer
Answer: (3)
Solution: (3)
A’s investment = Rs. $x$
$\therefore$ B’s investment $=$ Rs. $2 x$
C’s investment $=$ Rs. $2.5 x$
$\therefore$ Profit ratio of A , B and C $=4 x: 6 \times 2 x: 12 \times 2.5 x$
$=4: 12: 30=2: 6: 15$
Sum of the ratios $=2+6+15=23$
$\therefore$ B’s share $=$ Rs. $\left(\frac{6}{23} \times 5819\right)=$ Rs. 1518